£1,105,350
This estimated value is based upon the latest sale price for the house of £252,500 on 8 Jun 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
Price Paid | Date |
---|---|
£252,500 | 8 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 188 sq meters or 2,023 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 1999 the House Price Index for GREATER LONDON was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £252,500 results in an estimated price of approximately £1,105,350.
8 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £252,500 | £852,850 | £1,105,350 |
The Postcode Pricing Model uses changes in average sales price within the CR8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 122.951 % | £310,450 | £562,950 |
3 Month Average | 267.099 % | £674,425 | £926,925 |
6 Month Average | 258.857 % | £653,613 | £906,113 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £1,340,000 | £1,340,000 | 33B FOXLEY LANE |
7 Aug 2023 | £332,912 | £330,000 | FLAT 6 10 PLOUGH LANE |
21 Apr 2023 | £348,755 | £345,000 | FLAT B 41 FOXLEY LANE |
20 Jan 2023 | £447,890 | £450,000 | FLAT 4 40 FOXLEY LANE |
17 Jan 2023 | £552,398 | £555,000 | FLAT 1 PEARL GATES COURT, 61 FOXLEY LANE |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 9 Oct 2018. Using an estimated price of £1,105,350 means this house is valued at £5,879 per sq meter (£546 per sq foot).
The average size of a house on FOXLEY LANE is 131 sq meters (1,418 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Furze Lane |
Jan 2024 | Robbery | Under investigation | On or near Russell Hill |
Dec 2023 | Violence and sexual offences | Under investigation | On or near High Tree Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highbarrow Close |
Dec 2023 | Burglary | Awaiting court outcome | On or near Furze Hill |